Thursday, March 16, 2017 12:01:04 AM
Now, I also disagree with some parts of what most everyone has posted. Bear and bull. I disagree that SUNW is on the path to bankruptcy. I also disagree that it is likely that $10 million worth of jobs would push out from a few days of rain. However, weather was not the sole or primary reason given for the miss. Focusing on that alone is just misleading. In any event, JN knew they were in reasonable danger of falling short by some amount when they put in that odd disclaimer in the December presentation. Heck, why else would you undermine your sales pitch like that? On another note, on the last conference call JN stated that the jobs from Q3 would go out into Q4 and this year. So, even then they knew they had significant delays on some particular jobs.
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